It definitely wasn't the prettiest way to lower the unemployment rate 20 basis points to 8.1%, but employment data released this morning noted the addition of 96,000 jobs, well below the 120,000 economists had been forecasting. The S&P 500
Companies that helped the S&P 500
Today was a fantastic today to be involved in the mining business, following the announcement from China that it plans to spend $156 billion in steel-intensive infrastructure projects.
Cliffs Natural Resources
Also getting a boost from this news was Freeport-McMoRan Copper & Gold
Companies that hindered the S&P 500
However, it wasn't all peaches and cream for Kraft Foods
Chip-making giant Intel
Is this a hiccup or something more?
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Fool contributor Sean Williams has no material interest in any companies mentioned in this article. You can follow him on CAPS under the screen name TMFUltraLong, track every pick he makes under the screen name TrackUltraLong, and check him out on Twitter, where he goes by the handle @TMFUltraLong.
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